Business Archives - Page 3 of 39

September 19, 2024September 19, 2024

CBG Denies Rumours Of Sale To Swiss Entity

The Consolidated Bank Ghana Limited (CBG) has dismissed widespread social media reports suggesting that the bank has been sold to a Swiss entity. In a statement, CBG refuted these claims and assured the public that there had been no change in

September 19, 2024September 18, 2024

Ghana’s Economic Recovery Gains Momentum

Ghana's ongoing fiscal and monetary stabilization measures, implemented in response to recent economic shocks, are yielding positive results, according to Dr. Ernest Addison, Governor of the Bank of Ghana. This recovery is part of a broader effort in sub-Saharan Africa to

September 19, 2024September 18, 2024

91% Of Fishers Support Premix Fuel Subsidy Removal

A recent study by the Environment and Natural Resource Research Initiative (ENRRI-EfD Ghana) has revealed that 91 percent of fishers in the country support removing the long-standing premix fuel subsidy, a policy originally intended to make fuel more affordable for artisanal

September 19, 2024September 18, 2024

Ghana Posts 6.9% Economic Growth in Q2

Ghana’s economy grew by 6.9 percent in the second quarter of 2024, provisional figures released by the Ghana Statistical Service (GSS) has revealed. Compared to the first quarter of 2024, the economy grew at 4.7 percent. The Services sector continues to

September 18, 2024September 18, 2024

ECG Faces Financial Crisis: PURC Sounds Alarm to Presidency and Energy Minister

The Public Utilities Regulatory Commission (PURC) has served notice that the Electricity Company of Ghana (ECG) may be on the verge of bankruptcy due to severe financial difficulties. In a letter addressed to the Presidency, the Energy and Finance Ministers, and

September 18, 2024September 17, 2024

Government Shortlists Two Bidders for Saglemi Housing Project

The government is nearing the completion of its search for a partner to revitalize the stalled Saglemi Housing Project. After a rigorous evaluation process, transaction advisors Deloitte Ghana have identified two preferred bidders who will now enter final negotiations. Initially, over

September 17, 2024September 17, 2024

Cultivating a Coffee Revolution in Ghana

In the lush hills of Ghana's Akuapem Ridge, a quiet revolution is brewing. Led by the visionary John Nana Addo Francois, Asili Coffee is spearheading a movement to transform the region's rural economy through coffee cultivation. Supported by the International Trade

September 17, 2024September 17, 2024

WTO Chief Okonjo-Iweala Seeks Second Term To Complete “Unfinished Business”

WTO Director General Ngozi Okonjo-Iweala will seek another four-year term as head of the World Trade Organization following a broad Africa-led push to start the process early, aiming to complete “unfinished business” from her first mandate. Okonjo-Iweala, 70, a former Nigerian

September 17, 2024September 17, 2024

Oil Prices Wobble: Rate Cut Hopes Offset by China’s Slowdown

Oil prices edged up slightly on Monday, anticipating a potential U.S. interest rate cut. However, the gains were capped by concerns about slowing economic growth in China, the world's top oil importer. Limited Gains: Brent crude futures rose marginally by 3

September 14, 2024September 14, 2024

NPA Announces Petroleum Price Floors For September 16 – 30, 2024

The National Petroleum Authority (NPA) has announced the ex-refinery and ex-pump price floors for the period of September 16 to 30, 2024. The price floors, which are the minimum prices at which petroleum products can be sold, are as follows: –

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Category: Business

CBG Denies Rumours Of Sale To Swiss Entity

Ghana’s Economic Recovery Gains Momentum

91% Of Fishers Support Premix Fuel Subsidy Removal

Ghana Posts 6.9% Economic Growth in Q2

ECG Faces Financial Crisis: PURC Sounds Alarm to Presidency and Energy Minister

Government Shortlists Two Bidders for Saglemi Housing Project

Cultivating a Coffee Revolution in Ghana

WTO Chief Okonjo-Iweala Seeks Second Term To Complete “Unfinished Business”

Oil Prices Wobble: Rate Cut Hopes Offset by China’s Slowdown

NPA Announces Petroleum Price Floors For September 16 – 30, 2024

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